The impact of a carbon tax on manufacturing: evidence from microdata

Cita:
Martin, R., de Preux, L.B., y Wagner, U.J., "The impact of a carbon tax on manufacturing: evidence from microdata", Journal of Public Economics, September 2014, v. 117, pp. 1-14

ISSN:
0047-2727

DOI:
10.1016/j.jpubeco.2014.04.016

Agradecimientos:
This research was funded by the ESRC under research grant RES-000-22-2711. Ralf Martin was supported by
the Anglo-German Foundation as a part of the “Sustainable Growth in Europe” project. Ulrich Wagner gratefully
acknowledges financial support from the Earth Institute at Columbia University and from the Spanish Ministry for Science
and Innovation, reference number SEJ2007-62908.

Resumen:

We estimate the impact of a carbon tax on manufacturing plants using panel data from the UK production census. Our identification strategy builds on the comparison of outcomes between plants subject to the full tax and plants that paid only 20% of the tax. ExpWe estimate the impact of a carbon tax on manufacturing plants using panel data from the UK production census. Our identification strategy builds on the comparison of outcomes between plants subject to the full tax and plants that paid only 20% of the tax. Exploiting exogenous variation in eligibility for the tax discount, we find that the carbon tax had a strong negative impact on energy intensity and electricity use. No statistically significant impacts are found for employment, revenue or plant exit[+][-]